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wasoxygen · 3724 days ago · link · · parent · post: Richest 1% of people own nearly half of global wealth, says report
That is not the usual formulation, of course. But neither is this: The Rich Get Richer, And So Do The ChineseThe rich get richer, unless/until the poor get fed up with it.
In Asia, not counting Japan, Allianz estimates that 220 million people are upper-middle class and more than half of them are in China.